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Segment and Geographic Information (Tables) | 12 Months Ended
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Dec. 31, 2021
Segment Reporting [Abstract] |
Reconciliation of Operating Profit (Loss) from Segments to Consolidated | The following tables present reportable segment information for the years ended December 31, 2021, 2020 and 2019 as well as separately identified segment assets (in thousands):
|  | Year Ended December 31, 2021
|  | U.S. Pawn |  | Latin America Pawn |  | Retail POS Payment Solutions |  | Corporate |  | Consolidated
Revenue: |  |  |  |  |  |  |  |  |  |
Retail merchandise sales |  | $ | 742,374 |  |  | $ | 391,875 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,134,249 |
Pawn loan fees |  | 305,350 |  |  | 170,432 |  |  | — |  |  | — |  |  | 475,782 |
Leased merchandise income |  | — |  |  | — |  |  | 22,720 |  |  | — |  |  | 22,720 |
Interest and fees on finance receivables |  | — |  |  | — |  |  | 9,024 |  |  | — |  |  | 9,024 |
Wholesale scrap jewelry sales |  | 27,163 |  |  | 30,027 |  |  | — |  |  | — |  |  | 57,190 |
Total revenue |  | 1,074,887 |  |  | 592,334 |  |  | 31,744 |  |  | — |  |  | 1,698,965 |
Cost of revenue: |  |  |  |  |  |  |  |  |  |
Cost of retail merchandise sold |  | 416,039 |  |  | 247,425 |  |  | — |  |  | — |  |  | 663,464 |
Depreciation of leased merchandise |  | — |  |  | — |  |  | 12,826 |  |  | — |  |  | 12,826 |
Provision for lease losses |  | — |  |  | — |  |  | 5,442 |  |  | — |  |  | 5,442 |
Provision for loan losses |  | — |  |  | — |  |  | 48,952 |  |  | — |  |  | 48,952 |
Cost of wholesale scrap jewelry sold |  | 22,886 |  |  | 26,243 |  |  | — |  |  | — |  |  | 49,129 |
Total cost of revenue |  | 438,925 |  |  | 273,668 |  |  | 67,220 |  |  | — |  |  | 779,813 |
Net revenue (loss) |  | 635,962 |  |  | 318,666 |  |  | (35,476) |  |  | — |  |  | 919,152 |
Expenses and other income: |  |  |  |  |  |  |  |  |  |
Store operating expenses |  | 380,895 |  |  | 179,020 |  |  | 4,917 |  |  | — |  |  | 564,832 |
Administrative expenses |  | — |  |  | — |  |  | — |  |  | 111,259 |  |  | 111,259 |
Depreciation and amortization |  | 22,234 |  |  | 17,834 |  |  | 122 |  |  | 5,716 |  |  | 45,906 |
Interest expense |  | — |  |  | — |  |  | — |  |  | 32,386 |  |  | 32,386 |
Interest income |  | — |  |  | — |  |  | — |  |  | (696) |  |  | (696) |
Loss on foreign exchange |  | — |  |  | — |  |  | — |  |  | 436 |  |  | 436 |
Merger and acquisition expenses |  | — |  |  | — |  |  | — |  |  | 15,449 |  |  | 15,449 |
Gain on revaluation of contingent acquisition consideration |  | — |  |  | — |  |  | — |  |  | (17,871) |  |  | (17,871) |
Impairments and dispositions of certain other assets |  | — |  |  | — |  |  | — |  |  | 949 |  |  | 949 |
Total expenses and other income |  | 403,129 |  |  | 196,854 |  |  | 5,039 |  |  | 147,628 |  |  | 752,650 |
Income (loss) before income taxes |  | $ | 232,833 |  |  | $ | 121,812 |  |  | $ | (40,515) |  |  | $ | (147,628) |  |  | $ | 166,502 |
|  | As of December 31, 2021
|  | U.S. Pawn |  | Latin America Pawn |  | Retail POS Payment Solutions |  | Corporate |  | Consolidated
Pawn loans |  | $ | 256,311 |  |  | $ | 91,662 |  |  | $ | — |  |  | $ | — |  |  | $ | 347,973 |
Finance receivables, net |  | — |  |  | — |  |  | 181,021 |  |  | — |  |  | 181,021 |
Inventories |  | 197,486 |  |  | 65,825 |  |  | — |  |  | — |  |  | 263,311 |
Leased merchandise, net |  | — |  |  | — |  |  | 143,944 |  |  | — |  |  | 143,944 |
Goodwill |  | 861,793 |  |  | 171,279 |  |  | 503,106 |  |  | — |  |  | 1,536,178 |
Total assets |  | 1,944,487 |  |  | 562,661 |  |  | 1,178,729 |  |  | 150,575 |  |  | 3,836,452 |
|  | Year Ended December 31, 2020
|  | U.S. Pawn |  | Latin America Pawn |  |  |  | Corporate |  | Consolidated
Revenue: |  |  |  |  |  |  |  |  |  |
Retail merchandise sales |  | $ | 720,281 |  |  | $ | 355,237 |  |  |  |  | $ | — |  |  | $ | 1,075,518 |
Pawn loan fees |  | 310,437 |  |  | 147,080 |  |  |  |  | — |  |  | 457,517 |
Interest and fees on finance receivables (1) |  | 2,016 |  |  | — |  |  |  |  | — |  |  | 2,016 |
Wholesale scrap jewelry sales |  | 45,405 |  |  | 50,828 |  |  |  |  | — |  |  | 96,233 |
Total revenue |  | 1,078,139 |  |  | 553,145 |  |  |  |  | — |  |  | 1,631,284 |
Cost of revenue: |  |  |  |  |  |  |  |  |  |
Cost of retail merchandise sold |  | 415,938 |  |  | 225,149 |  |  |  |  | — |  |  | 641,087 |
Provision for loan losses (1) |  | (488) |  |  | — |  |  |  |  | — |  |  | (488) |
Cost of wholesale scrap jewelry sold |  | 39,584 |  |  | 39,962 |  |  |  |  | — |  |  | 79,546 |
Total cost of revenue |  | 455,034 |  |  | 265,111 |  |  |  |  | — |  |  | 720,145 |
Net revenue |  | 623,105 |  |  | 288,034 |  |  |  |  | — |  |  | 911,139 |
Expenses and other income: |  |  |  |  |  |  |  |  |  |
Store operating expenses |  | 396,627 |  |  | 165,531 |  |  |  |  | — |  |  | 562,158 |
Administrative expenses |  | — |  |  | — |  |  |  |  | 110,931 |  |  | 110,931 |
Depreciation and amortization |  | 21,743 |  |  | 15,816 |  |  |  |  | 4,546 |  |  | 42,105 |
Interest expense |  | — |  |  | — |  |  |  |  | 29,344 |  |  | 29,344 |
Interest income |  | — |  |  | — |  |  |  |  | (1,540) |  |  | (1,540) |
Loss on foreign exchange |  | — |  |  | — |  |  |  |  | 884 |  |  | 884 |
Merger and acquisition expenses |  | — |  |  | — |  |  |  |  | 1,316 |  |  | 1,316 |
Impairments and dispositions of certain other assets |  | — |  |  | — |  |  |  |  | 10,505 |  |  | 10,505 |
Loss on extinguishment of debt |  | — |  |  | — |  |  |  |  | 11,737 |  |  | 11,737 |
Total expenses and other income |  | 418,370 |  |  | 181,347 |  |  |  |  | 167,723 |  |  | 767,440 |
Income (loss) before income taxes |  | $ | 204,735 |  |  | $ | 106,687 |  |  |  |  | $ | (167,723) |  |  | $ | 143,699 |
(1)Effective June 30, 2020, the Company’s U.S. pawn segment ceased offering an unsecured consumer loan product in the U.S.
|  | As of December 31, 2020
|  | U.S. Pawn |  | Latin America Pawn |  |  |  | Corporate |  | Consolidated
Pawn loans |  | $ | 220,391 |  |  | $ | 87,840 |  |  |  |  | $ | — |  |  | $ | 308,231 |
Inventories |  | 136,109 |  |  | 54,243 |  |  |  |  | — |  |  | 190,352 |
Goodwill |  | 802,148 |  |  | 175,233 |  |  |  |  | — |  |  | 977,381 |
Total assets |  | 1,718,975 |  |  | 540,473 |  |  |  |  | 112,749 |  |  | 2,372,197 |
|  | Year Ended December 31, 2019
|  | U.S. Pawn |  | Latin America Pawn |  |  |  | Corporate |  | Consolidated
Revenue: |  |  |  |  |  |  |  |  |  |
Retail merchandise sales |  | $ | 722,127 |  |  | $ | 453,434 |  |  |  |  | $ | — |  |  | $ | 1,175,561 |
Pawn loan fees |  | 379,395 |  |  | 185,429 |  |  |  |  | — |  |  | 564,824 |
Interest and fees on finance receivables |  | 20,178 |  |  | — |  |  |  |  | — |  |  | 20,178 |
Wholesale scrap jewelry sales |  | 71,813 |  |  | 32,063 |  |  |  |  | — |  |  | 103,876 |
Total revenue |  | 1,193,513 |  |  | 670,926 |  |  |  |  | — |  |  | 1,864,439 |
Cost of revenue: |  |  |  |  |  |  |  |  |  |
Cost of retail merchandise sold |  | 447,911 |  |  | 297,950 |  |  |  |  | — |  |  | 745,861 |
Provision for loan losses |  | 4,159 |  |  | — |  |  |  |  | — |  |  | 4,159 |
Cost of wholesale scrap jewelry sold |  | 65,941 |  |  | 30,131 |  |  |  |  | — |  |  | 96,072 |
Total cost of revenue |  | 518,011 |  |  | 328,081 |  |  |  |  | — |  |  | 846,092 |
Net revenue |  | 675,502 |  |  | 342,845 |  |  |  |  | — |  |  | 1,018,347 |
Expenses and other income: |  |  |  |  |  |  |  |  |  |
Store operating expenses |  | 412,508 |  |  | 183,031 |  |  |  |  | — |  |  | 595,539 |
Administrative expenses |  | — |  |  | — |  |  |  |  | 122,334 |  |  | 122,334 |
Depreciation and amortization |  | 20,860 |  |  | 14,626 |  |  |  |  | 6,418 |  |  | 41,904 |
Interest expense |  | — |  |  | — |  |  |  |  | 34,035 |  |  | 34,035 |
Interest income |  | — |  |  | — |  |  |  |  | (1,055) |  |  | (1,055) |
Gain on foreign exchange |  | — |  |  | — |  |  |  |  | (787) |  |  | (787) |
Merger and acquisition expenses |  | — |  |  | — |  |  |  |  | 1,766 |  |  | 1,766 |
Total expenses and other income |  | 433,368 |  |  | 197,657 |  |  |  |  | 162,711 |  |  | 793,736 |
Income (loss) before income taxes |  | $ | 242,134 |  |  | $ | 145,188 |  |  |  |  | $ | (162,711) |  |  | $ | 224,611 |
|  | As of December 31, 2019
|  | U.S. Pawn |  | Latin America Pawn |  |  |  | Corporate |  | Consolidated
Pawn loans |  | $ | 268,793 |  |  | $ | 100,734 |  |  |  |  | $ | — |  |  | $ | 369,527 |
Consumer loans, net |  | 751 |  |  | — |  |  |  |  | — |  |  | 751 |
Inventories |  | 181,320 |  |  | 83,936 |  |  |  |  | — |  |  | 265,256 |
Goodwill |  | 771,311 |  |  | 177,332 |  |  |  |  | — |  |  | 948,643 |
Total assets |  | 1,767,504 |  |  | 574,059 |  |  |  |  | 97,877 |  |  | 2,439,440 |
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas | The following table shows revenue and long-lived assets (all non-current assets except operating lease right of use asset, goodwill, intangibles, net and deferred tax assets) by geographic area (in thousands):
|  | Year Ended December 31,
|  | 2021 |  | 2020 |  | 2019
Revenue: |  |  |  |  |  |
U.S. |  | $ | 1,106,631 |  |  | $ | 1,078,139 |  |  | $ | 1,193,513 |
Mexico |  | 562,493 |  |  | 530,462 |  |  | 641,505 |
Other Latin America |  | 29,841 |  |  | 22,683 |  |  | 29,421 |
|  | $ | 1,698,965 |  |  | $ | 1,631,284 |  |  | $ | 1,864,439 |
Long-lived assets: |  |  |  |  |  |
U.S. |  | $ | 373,218 |  |  | $ | 286,079 |  |  | $ | 254,395 |
Mexico |  | 84,648 |  |  | 82,438 |  |  | 80,385 |
Other Latin America |  | 13,191 |  |  | 14,968 |  |  | 12,893 |
|  | $ | 471,057 |  |  | $ | 383,485 |  |  | $ | 347,673 |

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